Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 18, 2010 |
held for consideration in governmental employees |
Jan 20, 2010 |
referred to governmental employees |
Assembly Bill A9721
2009-2010 Legislative Session
Sponsored By
CORWIN
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2009-A9721 (ACTIVE) - Details
- See Senate Version of this Bill:
- S6426
- Current Committee:
- Assembly Governmental Employees
- Law Section:
- Retirement
2009-A9721 (ACTIVE) - Sponsor Memo
BILL NUMBER:A9721 TITLE OF BILL: An act authorizing Paul J. Kosinski to file for retroactive membership in the New York state and local employees' retirement system with tier 2 status PURPOSE: To allow Paul Kosinski to be reclassified as a Tier 2 member of the New York State and Local Employees' retirement system. SUMMARY OF PROVISIONS: Section 1 permits Paul Kosinski membership under Tier 2 of the New York State and Local Employees' Retirement System based on his employment which began on November 20, 1974 with the City of Buffalo. Section 2 states that all the costs associated with the enactment of this legislation shall be assumed by the State of New York. JUSTIFICATION: For reasons not ascribable to his own negligence, Mr. Kosinski was not offered membership in the New York State and Local Employees' Retirement System upon his initial employment in 1974. This bill would allow Mr. Kosinski, upon written request with the State Comptroller, to be reclassified as a Tier 2 member. LEGISLATIVE HISTORY: New Bill - 2009 FISCAL IMPLICATIONS: If this bill is enacted, it is anticipated that
2009-A9721 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9721 I N A S S E M B L Y January 20, 2010 ___________ Introduced by M. of A. CORWIN -- read once and referred to the Committee on Governmental Employees AN ACT authorizing Paul J. Kosinski to file for retroactive membership in the New York state and local employees' retirement system with tier 2 status THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding any other inconsistent provision of law, rule or regulation, Paul J. Kosinski, who was employed by the city of Buffalo on November 20, 1974 and who is currently employed by New York state and enrolled as a member of the New York state and local employ- ees' retirement system, but who, for reasons not ascribable to his own negligence, did not become a member of the New York state and local employees' retirement system on November 20, 1974, shall be deemed to have become a member of such retirement system as of November 20, 1974, having tier 2 status, if, on or before December 31, 2010, he shall file a written request with the comptroller to that effect. S 2. All past service costs associated with the operation of this act shall be borne by the state. S 3. This act shall take effect immediately. FISCAL NOTE.--This would grant Paul J. Kosinski Tier 2 status in the New York State and Local Employees' Retirement System by changing his date of membership to November 20, 1974. All past employee contributions will be refunded. If this bill is enacted, we anticipate that there will be an increase of approximately $1,400 in the annual contributions of New York State for the fiscal year ending March 31, 2011. In addition to the annual contributions discussed above, there will be an immediate past service cost of approximately $54,900 which would be borne by New York State as a one-time payment. This estimate is based on the assumption that payment will be made on March 1, 2011. This estimate, dated December 11, 2009 and intended for use only during the 2010 Legislative Session, is Fiscal Note No. 2010-43, prepared by the Actuary for the New York State & Local Employees' Retirement System. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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